China has reported the 1st human infection case with the Monkey B virus (BV). Monkey B virus is an alphaherpesvirus enzootic (endemic) in macaques, and it was initially isolated in 1932.
Canada on July 19, 2021, announced that the ban on passenger flights from India will be extended till August 21, 2021, due to the Delta variant of COVID-19.
At the recent 47th G7 summit, the G7 (Group of Seven) Countries proposed a 'Build Back Better World (B3W) initiative to counter China's Belt and Road Initiative (BRI).
As a means of cleaning up bank books, Bad Bank was established for stressed assets. The establishment of a bad bank was announced in the Union Budget. It is known as the National Asset Reconstruction Company Limited (NARCL).